GBP/AUD 1hr-Timeframe – Technical and Fundamental Analysis
The GBP/AUD pair is showing signs of bullish continuation on the 1-Hr chart, price was also in consolidation phase from previous uptrend following a breakout above a minor resistance level at 2.07200. This price action signals a potential change of character (CHOCH), suggesting bullish momentum is building.
After the breakout, price began consolidating within the 2.07200–2.07440 zone, forming an accumulation pattern that suggests a liquidity grab occurred below prior lows. The price is now approaching a short-term area of interest around 2.07440. A sustained move above this zone could validate bullish continuation, with a target set at the next resistance level near 2.09400. A protective stop-loss is ideally placed below the recent low at 2.06790.
This chart setup reflects a market preparing for potential upside, supported by both technical structure and broader fundamental drivers.
Fundamental Analysis (As of May 19, 2025):
The British Pound has shown strength relative to the Australian Dollar, driven by diverging economic indicators between the UK and Australia.
📈 Key Drivers of GBP Strength vs AUD Weakness:
Strong UK Economic Performance: Recent data out of the UK, including better-than-expected GDP and employment figures, has boosted confidence in the pound.
Dovish RBA Outlook: The Reserve Bank of Australia has hinted at holding or even cutting interest rates due to weak inflation and economic growth.
Chinese Demand Concerns: As a major trading partner, China’s economic slowdown continues to negatively affect Australia’s export-driven economy, especially in commodities.
Falling Commodity Prices: Softness in global demand for key Australian exports like iron ore and coal has added pressure on the AUD.
Weaker Australian fundamentals, including soft job numbers and a dovish RBA, while AUD faces additional pressure as the cash rate forecast dropped to 3.85% from 4.10%.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
The GBP/AUD pair is showing signs of bullish continuation on the 1-Hr chart, price was also in consolidation phase from previous uptrend following a breakout above a minor resistance level at 2.07200. This price action signals a potential change of character (CHOCH), suggesting bullish momentum is building.
After the breakout, price began consolidating within the 2.07200–2.07440 zone, forming an accumulation pattern that suggests a liquidity grab occurred below prior lows. The price is now approaching a short-term area of interest around 2.07440. A sustained move above this zone could validate bullish continuation, with a target set at the next resistance level near 2.09400. A protective stop-loss is ideally placed below the recent low at 2.06790.
This chart setup reflects a market preparing for potential upside, supported by both technical structure and broader fundamental drivers.
Fundamental Analysis (As of May 19, 2025):
The British Pound has shown strength relative to the Australian Dollar, driven by diverging economic indicators between the UK and Australia.
📈 Key Drivers of GBP Strength vs AUD Weakness:
Strong UK Economic Performance: Recent data out of the UK, including better-than-expected GDP and employment figures, has boosted confidence in the pound.
Dovish RBA Outlook: The Reserve Bank of Australia has hinted at holding or even cutting interest rates due to weak inflation and economic growth.
Chinese Demand Concerns: As a major trading partner, China’s economic slowdown continues to negatively affect Australia’s export-driven economy, especially in commodities.
Falling Commodity Prices: Softness in global demand for key Australian exports like iron ore and coal has added pressure on the AUD.
Weaker Australian fundamentals, including soft job numbers and a dovish RBA, while AUD faces additional pressure as the cash rate forecast dropped to 3.85% from 4.10%.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.